Australian airlineQantas is canceling an order for 35 of Boeing's new 787 jets as it tries to cutcosts.
The jets would have been worth $8.5 billion at list prices, although discountsare common on large orders.
The financially struggling airline is still buying 15 787-8s. It is alsokeeping options that allow it to buy as many as 50 of Boeing's longer 787-9.But it's cancelling orders for 35 of those jets.
Qantas CEO Alan Joyce says the change is part of trying to make Qantasprofitable.
Boeing Co. says Qantas has been a long-standing customer and it will work withthe airline to help it adapt.